Investor Presentaiton
SUBSTANCE
DATA & FACT
The Job Creation Omnibus Law
Promotes Employment and Facilitates Opening of New Business While Pursuing the Economic Recovery
Labour Market
Of the total population aged 209.42 million people,
there are 4.15 million people affected by Covid-19
1.
Unemployment due to covid-19 (7,706 people)
2. Non-labor force due to Covid-19 (36,000 people)
3.
4.
Temporarily not working due to Covid-19
(1,713 people)
Work with shorter hours due to Covid-19
(256,000 people)
MSME
REGULATION
LARGE ENTERPRISE
5.637 UNIT
MEDIUM ENTERPRISE
65,456 UNIT
SMALL ENTERPRISE
798,679 UNIT
MICRO ENTERPRISE
64.6 MILLION UNIT
Among the 65.47
million MSES, 65.46
million are Micro &
Small Businesses, most
of which are in the
informal sector, so it
needs to be
encouraged to
transform into formal
ones.
REGULATION
Complicated licensing
issues with abundant
central & local regulations
(hyper-regulations) that
regulate the sector, causing
disharmony, overlapping,
non-operational and
sectoral.
JOB CREATION LAW
1.
IMPROVING INVESTMENT ECOSYSTEM &
4.
SME & COOPERATIVES
8.
ECONOMIC ZONE
BUSINESS ACTIVITY
5.
EASE OF DOING BUSINESS
9.
2. BUSINESS LICENSING
3.
EMPLOYMENT
6.
RESEARCH & INNOVATION
7.
LAND PROCUREMENT
GOVERNMENT INVESTMENT & NATIONAL
STRATEGIC PROJECT
10. PUBLIC ADMINISTRATION
11. IMPOSITION OF SANCTIONS
Encouraging Job Creation and
Entrepreneurship through Ease of
Doing Business from MSES & Large
Enterprises
Source: Statistics Bureau; Job Creation Act (Act Number 11 of 2020)
Protecting Worker's
Rights through Worker's
Protection
Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City
BENEFITS
Benefits for the General Public,
including provision of housing and
redistribution of land
Adjustment to improving
investment ecosystem,
facilitating strategic
projects
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